Otterpool Park Update
The Planning application timetable for Otterpool Park according to confidential documents make it clear that the promoters Folkestone & Hythe District Council (FHDC) and Cozumel Estates are “aiming” to submit their planning application to the Local Planning Authority (FHDC) at/by the end of November 2018.
When it comes to delivering Otterpool Park, if it gets the go ahead, there are two possibilities outlined in the confidential documents released under a Freedom of Information Request. The two methods of possible delivery are:
At this moment in time it is not known whether the promoters Folkestone & Hythe District Council & Cozumel Estates Limited will choose the master developer approach or sell off plots to various developers.
On Jan 31st at a special meeting of Folkestone & Hythe District Council Cabinet, it was resolved that the council agrees in principle to using its compulsory purchase powers (CPO) if necessary to assemble land, (Voting figures: 9 for, 0 against, 0 abstentions)
In March 2018, property owners between Barrowhill Sellindge and Newingreen on the A20, Ashford Rd, received letters from the Otterpool Park Collaboration Board (FHDC and Cozumel Estates) setting out if there property may or may not be subject to a potential CPO at some later point.
Now another thing which happened in March and more specifically on the 21 March 2018 was the initial Collaboration Agreement between the Council, Cozumel Estates Ltd (BVI Company) – the promoters – and Investors in Private Capital Limited (IPCL) – the Guarantor for Cozumel (IPCL are owned by a BVI Company by the name of Wellington Estates Limited) extended the agreement the original agreement until March 31st 2019. The Cozumel signature was that of Alexander Bushaev who turns up in the Panama Papers not once, not twice, but three times
In April/May 2018 a Savills Consultant by the name of David Parry who
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“specialises in advising on options, promotion agreements, and sales and acquisitions of development land including mixed use schemes. His role includes the disposal of development land, including properties for conversion, as well as carrying out viability studies on all sizes of development sites, including strategic and proposed garden villages and towns.”
Lets hope that they do miss the deadline. Hopefully, until after next May, when the make-up of the unopposed, self-interest, conservative cartel might be different.
The deadline will more than likely be missed. CP’s reference to any’ Conservative Cartel is flawed. Councillors, particularly Conservative, vote for what they believe, unlike others who vote as directed. Read the reports of earlier meetings and and see their voting trends.